BATM Advanced Communications Ld Strategic partnership for NFV
RNS Number : 0589V
BATM Advanced Communications Ld
12 April 2021
12 April 2021
BATM Advanced Communications Limited
("BATM" or "the Group")
Strategic partnership for Network Function Virtualisation
BATM's Telco Systems subsidiary partners with albis-elcon for
joint offer for tier 1 customers
BATM (LSE: BVC; TASE: BVC), a leading provider of real-time
technologies for networking solutions and medical laboratory
systems, announces that its Telco Systems subsidiary has formed a
strategic partnership with albis-elcon, a supplier of networking
products and systems to communications service providers in the
telecommunications industry, to jointly offer the Group's network
function virtualisation ("NFV") solution, which represents a
further route to market.
The Group's NFVTime virtualisation technology has been
integrated into albis-elcon's new service delivery platform,
uSphir, and optimised for operating with albis-elcon's products and
systems for network management. uSphir has been developed to enable
telecommunications operators to create virtual software-based
networks (using BATM's operating system), which will allow them to
quickly deploy virtualised business services to their end
customers, that operate seamlessly with their existing network
management systems and hardware provided by albis-elcon. In
accordance with BATM's revenue model for NFVTime, it will receive a
monthly license fee for each end point deployed by a customer.
With support from Telco Systems, albis-elcon has commenced
marketing uSphir to its customer base, which primarily consists of
tier 1 telecommunications operators in Europe and Latin America.
These are new geographies for BATM's networking business, which
focuses on the US market.
In additional progress in NFV, and further to the Group's
announcement of 27 August 2020, BATM is pleased to confirm that
PCCW Global commenced the rollout of its NFVTime solution during Q1
2021. Accordingly, BATM has begun to generate revenue under its
three-year licensing agreement with PCCW Global.
Dr Zvi Marom, CEO of BATM, said: "We are very pleased to be
jointly offering our virtualisation technology with albis-elcon.
They have a strong position among tier 1 operators in Europe and
Latin America and this partnership will expand our reach into those
markets. This constitutes a key aspect of our growth strategy
across our business, which is to form collaborations that will
accelerate the adoption of our solutions.
"We are also delighted that PCCW Global has commenced the
rollout of our technology to their customers, which reflects the
industry increasingly transitioning to virtualised networks. Thanks
to the strength of our solution, which is one of the few available
that is operable with both Arm and Intel architectures, and of our
partners, we believe that we are well-positioned to establish a
significant presence in this market."
BATM Advanced Communications
Dr Zvi Marom, Chief Executive Officer +972 9866 2525
Moti Nagar, Chief Financial Officer
Mark Percy, Anita Ghanekar, James Thomas (Corporate Advisory)
Henry Willcocks (Corporate Broking) +44 20 7408 4050
Harry Chathli, Claire Norbury +44 20 7618 9100
Further information on albis-elcon
albis-elcon is the premier brand of UET United Electronic
Technology AG (XETRA: UET), a publicly listed technology group
based in Eschborn, Germany. albis-elcon delivers products,
solutions and services that help companies, primarily communication
service providers, to build and operate better networks and reduce
the energy needed. Over 50 leading international communication
network providers, among them Deutsche Telekom, Orange, Telecom
Italia, Telefonica and Telekom Austria, have deployed albis-elcon
With 15 million installed devices in more than 40 countries, the
company is well-positioned to deliver software-defined and
virtualization enabling gigabit networking for Cloud computing,
enterprise access, mobile backhaul and 5G Campus networks.
Superior-engineered hardware, software, network management, and
implementation services manage complexity and provide sustainable,
albis-elcon - power to complete networks. To learn more, visit
albis-elcon at www.albis-elcon.com.
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(END) Dow Jones Newswires
April 12, 2021 02:00 ET (06:00 GMT)